The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting...
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price. When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high. These same individuals also said $50,000 was a buy the dip opportunity, and then they said $35,000 was a generational buy opportunity. Later on, they also suggested that BTC would never fall under $20,000. Of course, “now” is a great time to buy the dip, and....
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CNBC analysts including Brian Kelly, Kelly Evans, David Faber and Sara Eisen have analyzed the recent price surge of Bitcoin in their TV presentations. They told hundreds of thousands of real-time viewers that factors of the growth have seen an increase in demand, currency devaluation in China & India, and increasing capital controls. Earlier this week, when the value of Bitcoin began to increase rapidly after breaking multi-month highs, investors and experts including Barry Silbert indirectly called out mainstream media outlets as well as analysts that failed to discuss the rising....
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve. Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market.Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets underwent a brief relief rally on Jan. 26, comments from the recent FOMC meeting appear to be settling in as investors internalize the fact that interest rate hikes are on the way.BTC/USDT 1-day chart.....
To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started. Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a “generational buy” opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation move that pins the market bottom. There’s so much assurity from various anon and doxed....
How stocks correlation, Grayscale, Russia, stablecoins, rate hikes and more are impacting the bitcoin price today.
From the CoinDesk Global Macro news desk, this is Borderless - a twice-monthly roundup of the most important stories impacting bitcoin and the crypto sector from around the world.